Stephanie Kelly of Reuters reports that POET, the largest U.S. biofuels producer, has pledged to be net neutral by 2050.
- Short term, the company will look to reduce greenhouse gas emissions by 70% compared to gasoline by 2030, up from the current 46%.
- POET plans on reaching these goals through carbon sequestration and the use of biomass to power their plants operations.
- The private sector’s environmental leadership shows that free economies are clean economies.
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